Quote from Hardo:
Here's the situation:
Currently have a decent job that has flexible hours that allows me to trade about half time. When I have had time off in the past that has allowed me to trade full time I have done well. My current job could possibly end by July and I have nothing lined up if it does.
I know I can collect unemployment while I look for a new job but I would rather trade than look for further employment.
so would everyone. big mistake
I am a college grad with a decent network of contacts but jobs right now are hard to come by and when they are offered it seems that salaries are getting smaller because of the intense competition for them.
wait until you see how hard it is to get a job when you have 12 month gap on your resume, and your trading fails to live up to your expectations (98%+ certainty)
I live in the midwest where the cost of living is very low compared other areas. A salary of $50-75 grand would allow us to live very comfortably. Here is where the argument begins, I believe I can make this trading on my own.
you belief is dead wrong
Making my own hours and being my own boss really appeals to me. I would rather make $50 grand a year working 40 hours a week trading than work 50 plus hours a week to bring home $60 grand a year working for the "man" and having to deal with the daily bs that goes along with it.
so would everyone
My wife would rather me work for the man even though it would drive me nuts just so we can have the security of his paycheck.
You are the one who is incorrect. You might as well have said "honey, my new plan is to go to the casino, spend $40,000 and hit it big. Your odds may be better.
Please do not jump all over me saying that I can't make this kind of money on my own. The way I look at it is it is only $200 to $300 a day average to make this kind of money.
again, your chances are about 2% or less. Doing this longterm without blowing out, your chances are probably like 0.3% or less.
I use low risk set ups and limit my losses. I would also like your input about the benefits argument, working for the man I would get health benefits. Going at it on my own I would have to find these benefits elsewhere.
focus on your insane desire to walk away from a paying job, that 12 months from now, you will desperately want to get back, but you find out there are 200 resumes in there ahead of you. And you are going down to the supermarket, trying to get a grocery bagging job to pay your bills.
This is not to be cruel, but the people egging you on are paper traders, and do not themselves make money.
You have a job. There are 10+ million people in your country who would gladly trade places with you, and many of them are paper traders.
Here's the situation:
Currently have a decent job that has flexible hours that allows me to trade about half time. When I have had time off in the past that has allowed me to trade full time I have done well. My current job could possibly end by July and I have nothing lined up if it does.
I know I can collect unemployment while I look for a new job but I would rather trade than look for further employment.
so would everyone. big mistake
I am a college grad with a decent network of contacts but jobs right now are hard to come by and when they are offered it seems that salaries are getting smaller because of the intense competition for them.
wait until you see how hard it is to get a job when you have 12 month gap on your resume, and your trading fails to live up to your expectations (98%+ certainty)
I live in the midwest where the cost of living is very low compared other areas. A salary of $50-75 grand would allow us to live very comfortably. Here is where the argument begins, I believe I can make this trading on my own.
you belief is dead wrong
Making my own hours and being my own boss really appeals to me. I would rather make $50 grand a year working 40 hours a week trading than work 50 plus hours a week to bring home $60 grand a year working for the "man" and having to deal with the daily bs that goes along with it.
so would everyone
My wife would rather me work for the man even though it would drive me nuts just so we can have the security of his paycheck.
You are the one who is incorrect. You might as well have said "honey, my new plan is to go to the casino, spend $40,000 and hit it big. Your odds may be better.
Please do not jump all over me saying that I can't make this kind of money on my own. The way I look at it is it is only $200 to $300 a day average to make this kind of money.
again, your chances are about 2% or less. Doing this longterm without blowing out, your chances are probably like 0.3% or less.
I use low risk set ups and limit my losses. I would also like your input about the benefits argument, working for the man I would get health benefits. Going at it on my own I would have to find these benefits elsewhere.
focus on your insane desire to walk away from a paying job, that 12 months from now, you will desperately want to get back, but you find out there are 200 resumes in there ahead of you. And you are going down to the supermarket, trying to get a grocery bagging job to pay your bills.
This is not to be cruel, but the people egging you on are paper traders, and do not themselves make money.
You have a job. There are 10+ million people in your country who would gladly trade places with you, and many of them are paper traders.
